You have to keep in mind these appraisal wells were dragged out and they all were far too ambitious with all of them testing multiple zones all with cores and side tracks. This is a ligit production well and the comparison with Varadero says we have advantages in all key reservoir qualities.
Varadero has produced a STon of oil and we’re just getting started.
15c by end of year is my expectation. However, if we are to value it on combination of earnings AND discounted NPV I’d be happy to see 5000bopd and 8c.
FOMO will kick in soon and expecting 3c+ prior spud
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